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Paragraph 139 Terms and effect of conveyance or grant

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

A conveyance of the freehold executed in pursuance of the right to acquire shall conform with Parts I and II of Schedule 6; a grant of a lease so executed shall conform with Parts I and III of that Schedule; and Part IV of that Schedule has effect in relation to certain charges.

(2)

The tenancy comes to an end on the grant to the tenant of an estate in fee simple, or of a lease, in pursuance of the provisions of this Part relating to the right to acquire; and if there is then a subtenancy section 139 of the 1925 c. 20.Law of Property Act 1925 (effect of extinguishment of reversion) applies as on a merger or surrender.